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Fostering Effective Energy Transition 2018

Fostering Effective Energy Transition. A Fact-Based Framework to Support Decision-Making

Publisher:

World Economic Forum

Author:

McKinsey & Company

Published in:

March 2018

Abstract:

The edition of the Fostering Effective Energy Transition report, prepared with analytical support from McKinsey & Company, is part of the World Economic Forum System Initiative on Shaping the Future of Energy.

The report introduces the “Energy Transition Index”, which builds upon the previous series of “Global Energy Architecture Performance Index” by adding a forward-looking element of country readiness for energy transition. The index benchmarks 114 countries on the current level of their energy system performance, and the readiness of their macro environment for the transition to a secure, sustainable, affordable and inclusive future energy system. The fact-based framework and rankings are intended to enable policymakers and businesses to identify the destination for energy transition, identify imperatives, and align policy and market enablers accordingly.